United States
community-bank

Software for Community Banks

Maximize Return on Equity

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The product has the vast majority of the functionality right out of the box, was easily integrated with a credit agency to pull FICO scores and the support team did an outstanding job making our requested customizations.

Christopher Reed
Principal
Shepard Capital Partners
USA

eny Finance is fully satisfied with the Turnkey Lender solution and its reliable team. I’m happy to recommend Turnkey Lender lending solution and services.

Bonart Kerimi
CEO
eny Finance AG
Switzerland

I strongly recommend the services of Turnkey Lender and I am looking forward to working with the team again.

Berj Arakelian
Allegro Finance
USA

We evaluated many systems and are happy to have chosen Turnkey Lender.

Bill Hilliard
CEO
EcoVolt Finance
USA

For me, as the owner of a start-up lending company, it was a little unusual to use this type of product for my business. But, as they say, "Time is money!" That's why it is important for me to use a solution like Turnkey Lender.

Robert Farmer
Owner
QuickPound

We evaluated many systems and are happy to have chosen Turnkey Lender.

Bill Hilliard
CEO
EcoVolt Finance
USA

For me, as the owner of a start-up lending company, it was a little unusual to use this type of product for my business. But, as they say, "Time is money!" That's why it is important for me to use a solution like Turnkey Lender.

Robert Farmer
Owner
QuickPound

eny Finance is fully satisfied with the Turnkey Lender solution and its reliable team. I’m happy to recommend Turnkey Lender lending solution and services.

Bonart Kerimi
CEO
eny Finance AG
Switzerland

The product has the vast majority of the functionality right out of the box, was easily integrated with a credit agency to pull FICO scores and the support team did an outstanding job making our requested customizations.

Christopher Reed
Principal
Shepard Capital Partners
USA

I strongly recommend the services of Turnkey Lender and I am looking forward to working with the team again.

Berj Arakelian
Allegro Finance
USA

Trusted by users:

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Certified:

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Opportunity

Improve efficiencies, reduce delinquency, increase return on equity

Community banks thrive when they maximize ROE (return on equity). Three of the top five drivers impacting ROE for most banks are operational and systems efficiencies, delinquency rate, and net interest margin. Fintech tools like lending software can substantially increase efficiencies, reduce delinquency and reduce manpower.

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community-bank-obstacle

Obstacle

Budget constraints slow adoption of fintech tools

Community banks tend to be the most labor intensive financial institutions as they manage a large number of small loans in their local area. Unfortunately, budget constraints make it difficult to implement the type of technology that would automate a small bank’s operational systems.

Solution

Cloud-based software for community banks

CDFIs (community development financial institutions) as well as lending and loan cooperatives – with borrower friendly financial vehicles like SACCO loans – are creating a safety net in local communities underserved by traditional big banks. It’s admirable work. These are some of the toughest financial institutions to manage profitably, because your team is handling a large number of personal and small business loans with the least amount of automation in the financial services industry.

Turnkey Lender can change this operational model for you. Our single stack lending software system replaces manual processes as it streamlines loan origination, account management, and payments processing. It acts like an extra pair of hands for your loan managers, allowing them to focus their best energies on high level activities. And the efficiencies improve ROE. Our credit

Fully automated community banks software

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Best practice workflows

Turnkey Lender’s customizable workflows allow you to adjust decisioning flow and business rules.

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Advanced credit scoring

Your software comes out-of-the-box with a generic scoring template that evolves over time through machine learning. Alternative scoring models are easy to install with APIs.

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Credit decision analytics

It is important to take a step away and analyze decisions. We provide all sorts of analytics so you can review and improve your credit risk strategy. See it for yourself with the free trial!

We offer 14-days free trial. Upgrade or downgrade any moment. Request Free Trial Now

Advantages compared to other software for community banks

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Time to market

With Turnkey Lender you will optimize portfolio yield by working only with the most profitable customers. Predictive models will help you identify best rate and loan term.

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Increased operational efficiency

Act fast by taking the right decisions, supported by artificial intelligence. You’ll see fewer manual reviews and more first pass approvals.

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Modular architecture

Turnkey Lender works as a web app, so you can log in from anywhere and work on processing loan applications. There is no need to manually install software on all the desktop computers of your team members.

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Powerful credit decisioning

Our clients use our software for a payday loan, student loans, auto loans, crowd sourced and peer-to-peer loans. We support micro lending in emerging economies and engage in complex credit bureau eco-systems.

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IT support and customer service

We offer full technical support and we are always here to answer any questions. Our experts will guide you through every step of set up and customization process.

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Fraud prevention

Our product is built out of units. You can start small and extend functionality later on. As you grow, the tool will grow with you! Modular approach makes us affordable for solo online lenders and mid-size financial institutions.

On average, here is the difference Turnkey Lender made for our clients:

Operational efficiency
has grown by

283%
Total portfolio profitability
has grown by

49%
Client lifetime value
has grown by

67%
See how we automate every step of online lending:
origination, underwriting, collateral, servicing, collection and reporting.
Request Free Trial Now

from Turnkey Lender Blog

Will your lending program be GDPR compliant by May?

General Data Protection Regulation (GDPR) goes into effect on May 25, 2018. That’s just three short months away, and most companies say they aren’t ready. According to survey results published by Ovum, two-thirds of global companies believe they’ll need to change their business strategy to conform to new security guidelines. And half the businesses governed by GDPR believe they’ll be fined for non-compliance.

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